Department of State Allocating $100 Million in FY 2023 for CHIPS Act Projects
The International Technology Security and Innovation Fund (ITSI Fund) appropriated under the CHIPS Act of 2022 provides the Department of State with $500 million ($100 million per year over five years, starting in Fiscal Year 2023). This funding is available to the Secretary of State to provide for semiconductor supply chain security and international information […]

The following is attributable to Spokesperson Ned Price: Deputy Secretary of State Wendy Sherman met with Belgian Foreign Minister Hadja Lahbib today in Washington, D.C. They reemphasized the importance of continued Transatlantic unity and strong measures to support Ukraine in response to Russia’s illegal and unprovoked full-scale invasion. The Deputy Secretary underscored U.S. opposition to […]
Semiconductors and telecommunications networks are critical sectors of the global economy. Securing and strengthening the United States’ long-term economic security and stability hinges on the ability to stabilize and expand global semiconductor manufacturing; secure semiconductor supply chains; and develop and deploy secure and trustworthy ICT networks and services. The International Technology Security and Innovation Fund […]
Today, President Biden, British Prime Minister Sunak, and Australian Prime Minister Albanese announced the optimal pathway for Australia to acquire conventionally armed, nuclear-powered submarines (SSNs) under the Australia, United Kingdom, and United States (AUKUS) partnership. The AUKUS partnership represents a modernization of the longstanding alliances and partnerships between our countries, guided by a shared commitment […]